U.S. House Lawmaker Proposes Renaming the Bitcoin Reserve Bill, Aiming to Codify Trump’s Executive Order

On Monday, U.S. Representative Nick Begich revealed at the Bitcoin 2026 Conference in Las Vegas that he plans to reintroduce legislation to establish a U.S. strategic Bitcoin reserve in the coming weeks.

The bill was previously known as the “BITCOIN Act.” After discussions with the House Financial Services Committee, he plans to rename it the “American Reserve Modernization Act” (ARMA), aiming to win support from more lawmakers across party lines.

Begich explained that the renaming is intended to help Congress and the public better understand the bill’s actual goals, ensuring that Bitcoin receives the reserve-asset status it deserves.

If passed, the bill would formally establish Bitcoin as a strategic reserve asset for the United States based on President Trump’s executive order, with its status equivalent to the country’s national gold reserve. The bill also plans to acquire 1 million Bitcoins within five years through a “budget-neutral strategy.”

Although the bill has been updated, Begich did not disclose specific details. He emphasized that Bitcoin needs to be “held long-term.” The bill would authorize government agencies to identify current Bitcoin holdings and provide responsible custody in a manner consistent with its reserve status.

Begich said this legislation would help consolidate the results of the strategic Bitcoin reserve. He added that by institutionalizing the reserve-asset status of Bitcoin through legislation, it can ensure policy continuity and prevent whiplash caused by changes in administrations.

He also said that, since it is impossible to predict the next administration’s position on Bitcoin and other digital assets, it is necessary to seize the opportunity now to lock in the achievements made during the current administration’s term—where Congress can play a role.

In summary, Begich plans to rename the bill as ARMA. On the surface, it is just a name change, but in reality, it is aimed at securing broader political consensus.

This move indicates that the path to incorporating Bitcoin into strategic reserves in the U.S.—from Trump’s executive order to congressional legislation—is shifting from “possible” to “feasible.”

Whether the bill is ultimately passed or not, this signal shows that Bitcoin is gradually moving from a fringe asset toward a national-level strategic reserve option.

# Bitcoin Reserve Legislation